House debates

Thursday, 1 November 2012

Matters of Public Importance

Carbon Pricing

3:20 pm

Photo of Greg HuntGreg Hunt (Flinders, Liberal Party, Shadow Minister for Climate Action, Environment and Heritage) Share this | Hansard source

That was the Prime Minister two years and six days ago in a speech to the Australian Industry Group, when the Prime Minister was demanding increased network expenditure. Well there was increased network expenditure. Suddenly, as the carbon tax starts, the Prime Minister decides to throw in a diversion and to pretend that it is anything but the carbon tax driving up electricity prices. Here is the equation. Prior to the carbon tax, electricity was driven up by network prices. Since the carbon tax, a bad situation has been made dramatically worse. Two-thirds of a 15.3 per cent price rise is related to the electricity costs coming from the carbon tax. At the end of the day the carbon tax is an electricity tax. It is intended to be an electricity tax. It is operating as an electricity tax and Australian families are paying the price. (Time expired)

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